As far as l am concerned, l would work against my competitors like doing rebranding, improvement on the product quality and making the products a little bit more unique to win the hearts of most of the customers so that l increase the market share for my brand.
In the competitive market industry the business managers or ownes should really be very innovative and creative enough in formulating some marketing strategical measures for them to survive through.
In a highly competitive market, maintaining a strong competitive edge by consistently delivering high-quality products or services is indispensable. Furthermore, offering exceptional after-sales service is vital for building customer loyalty and satisfaction. In today's digital age, having a strong online presence through effective advertising strategies is a great idea. Use both online and offline advertising channels to help reach a wider audience. In addition, striving to offer something extraordinary can set your business apart from the competition and attract customers.
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